Always grateful when the thoughtful and measured Jeff Miller, the author of one of Seeking Alpha’s more popular weekly columns, “Weighing the Week Ahead” mentions this blog in the weekly market recap. Jeff writes a very thorough piece – that … Continued
Each quarter, we get the JP Morgan “Guide to the Markets” which I think is chock full of good economic and market data. Dr. David Kelly and the JP Morgan analytical crew do a nice job compiling this 70-odd … Continued
Here is the data: Estimated 2018 SP 500 EPS growth, with accompanying P.E 1/26/2018: +16%, 18.7x 1/19/2018: +15%, 18.5x 1/12/2018: +14%, 18.5x 1/5/2018: +12%, 18.5x 12/29/2017: +12%, 18.7x In Friday’s post (here) we showed the same numbers, but with tonight’s … Continued
Late Friday, November 17, 2017 @SentimentTrader posted this to Twitter: Interesting. Will we get the typical seasonal rally into the last 6 weeks of the calendar year ? ———————————————————————————————————- The earnings update will be out Sunday morning, November 19, 2017. … Continued
There has been little mystery to what has worked this year, with the Technology sector within the SP 500 up over 30% on the year and large-cap growth returning in the low 20% range, YTD. This year, not so unusually, … Continued
FC-eps estimate revisions With the big banks reporting this week, and a slew of SP 500 components reporting next week, the one data metric tracked each week is the “upward vs downward” estimate revisions within the SP 500. The above … Continued
(This blog post could be classified as – somewhat like the Jerry Seinfeld show – a post about nothing. I’m just thinking out loud about the popularity of indexing and what clients miss in the “index game”.) Strategas Partners, the … Continued
Ironic that the SP 500 and the major equity indices are correcting – with the SP 500 falling below its 5-day moving average this week – for the first time since the Presidential election, in front of what will likely … Continued
Many investors are surprised at the Q1 ’17 SP 500 earnings “expected” growth rate of 8% – 10% as the Street kicks off Q1 ’17 earnings this week. As Factset (article linked to yesterday’s blog post here) detailed this week, … Continued
The following table from Thomson Reuters shows the current market cap weighting of each of the 11 sectors of the SP 500. EARNINGS Sector MCap 17Q1 17Q2 17Q3 17Q4 18Q1 Cons Disc 12.3% 10.5% 11.4% 11.1% … Continued